 | Adam Smith - 1801 - 448 trang
...to a new loan, who mean generally to/ell their fubfcription as foon as poflibie, Ft', of N. 4. . ai prefer greatly a perpetual annuity redeemable by parliament,...only equal amount. The value of the former may be iuppofed always the fame , or very nearly the fame; and it makes, therefore, a more convenient transferable... | |
 | Adam Smith - 1809 - 514 trang
...Subscribers to a new loan, who mean generally to sel their subscription as soon as possible, ptefer greatly a perpetual annuity, redeemable by parliament,...only equal amount. The value of the former may be supposed always thfe same, or very nearly the same ; and it makes, therefore, a more convenient transferable... | |
 | Adam Smith - 1811 - 532 trang
...may be very nearly the fame with that of a perpetual annuity, will not find nearly the fame number of purchafers. The fubfcribers to a new loan, who...mean generally to fell their fubfcription as foon as poffiblei prefer prefer greatly a perpetual annuity redeemable CHAP, by parliament, to an irredeemable... | |
 | Adam Smith - 1819 - 518 trang
...' The subscribers to a new loan, who mean generally to sell their subscription as soon as possible, prefer greatly a perpetual annuity, redeemable by parliament, to an irredeemable annuity, for along term of years, of only equal amount. The value of the former may be supposed always the same,... | |
 | Thomas Curtis - 1829 - 820 trang
...purchasers. The subscribers to a new loan, who mean generally ta sell their subscription as soon as possible, prefer greatly a perpetual annuity redeemable by parliament,...only equal amount. The value of the former may be supposed always the same, or very nearly the same ; and it makes, therefore, a more convenient transferable... | |
 | Thomas Curtis (of Grove house sch, Islington) - 892 trang
...The subscribers to a new loan, who mean getier-iilr la sell their subscription as soon as possiblt. prefer greatly a perpetual annuity redeemable by parliament, to an irredeemable annuity for » long term of years of only equal amount. Tfc< value of the former may be supposed always '>* same,... | |
 | Adam Smith - 1839 - 448 trang
...purchasers. The subscribers to a new loan, who mean generally to sell their subscription as soon as possible, prefer greatly a perpetual annuity redeemable by parliament...only equal amount. The value of the former may be supposed always the same, or very nearly the same ; and it makes, therefore, a more convenient transferable... | |
 | Handbook - 1861 - 106 trang
...purchasers. The subscribers to a new loan, who mean generally to sell their subscription as soon as possible, prefer greatly a perpetual annuity, redeemable by...only equal amount. The value of the former may be supposed always the same, or very nearly the same; and it makes, therefore, a more convenient transferable... | |
 | John Ramsay McCulloch - 1863 - 548 trang
...to a new loan, who generally mean to sell their subscription as soon as possible, invariably prefer a perpetual annuity, redeemable by Parliament, to...irredeemable annuity for a long term of years, of about an equal amount. The value of the former being always the same, or very nearly the same, it makes... | |
 | Adam Smith - 1875 - 808 trang
...purchasers. The subscribers to a new loan, who mean generally to sell their subscription as soon as possible, prefer greatly a perpetual annuity redeemable by parliament,...only equal amount. The value of the former may be supposed always the same, or very nearly the same ; and it makes, therefore, a more convenient transferable... | |
| |
An annuity for a long term of years, therefore, though its intrinsic value may be very nearly the same with that of a perpetual annuity, will not find nearly the same number of purchasers. The subscribers to a new loan, who mean generally to... 
